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11.04.2025

Company news: Wells Fargo (WFC) posts mixed quarterly results

Wells Fargo (WFC) reported Q1 FY2025 earnings of $1.39 per share (versus $1.20 per share in Q1 FY2024), beating analysts’ consensus estimate of $1.23 per share.

The company’s quarterly revenues amounted to $20.149 bln (-3.4% y/y), missing analysts’ consensus estimate of $20.721 bln.

WFC rose to $64.20 (+1.73%) in pre-market trading.

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